Centre county Pennsylvania, USA | Looks like C knows how to print money !! Anyway, sounds too good (and too complicated) to be true, so...........................
We have much less complicated market here, simple contract for future delivery through independent grain broker when local cash market bids for $5 corn and $9 beans:
Local Cash Bids
North Central PA Mill Delivery Basis Cash
#2 Yellow Corn:
Jun 30, 07 0.52 4.39
Jul 31, 07 0.55 4.42
Aug 31, 07 0.58 4.47
Sep 30, 07 0.61 4.50
Oct 31, 07 0.25 4.08
Nov 30, 07 0.30 4.13
Dec 31, 07 0.24 4.18
Mar 31, 08 0.30 4.24
May 31, 08 0.32 4.33
#1 Yellow Soybeans:
Jun 30, 07 -0.21 7.97
Jul 31, 07 -0.17 8.01
Aug 31, 07 -0.20 8.05
Sep 30, 07 -0.18 8.15
Oct 31, 07 -0.42 8.05
Nov 30, 07 -0.42 8.05
Mar 31, 08 -0.25 8.36
|
$8.00 fall Soybean picked up at the Farm
